New York, NY – Well, yippee ky yeaaa,
cowgirls. Pour yourself another hot cup of Rocket Java and listen up
as we review today's Econo-babble RE yesterday's stock market crash and
intervention by the U.S. Federal Reserve and other international central
bankers.

We now live in a brave new world in which concepts and language have been
morphed into contradictory nonsensical New Speak. A car is now a
choo-choo train or a glass of wine (your choice), war is peace, up is down,
down is sideways and effect is cause.

In the Econo-Babble of New Speak, money, which used to be defined as a
measurable unit of a specific commodity, is now defined as "thin air."
A paper receipt for money, which used to be defined as a Promissory Note, an
IOU, or a Redeemable Certificate for the commodity money, is now defined as
non-redeemable "paper" backed by nothing. And now,
hyper-inflation of Paper backed by Thin Air is defined as "liquidity."

The definition of a "liquid
asset" -- and thus "liquidity" -- used to mean: a commodity that can be
exchanged very quickly, such as gold or silver or gold or silver
certificates (true cash) as opposed to trying to sell a corporation or
commercial building or cattle or hogs. But the creation of billions of
units of irredeemable paper money out of thin air and not backed by anything
(hyper-inflation of money) is NOT the definition of "liquidity." And
hyper-inflation is not a rise in prices. Hyper-inflation is an
increase in the money supply, which is the cause of a general rise in
prices.

Wow, isn't this convenient?
In the twisted new definitions of New Speak Econo-Babble, the Fairytale Princes of the Federal Reserve's
continual hyper-inflation of the U.S. money supply(CAUSE) to provide banks and Wall Street
manipulators with billions of dollars of fake money so they can create a
sub-prime housing bubble, yen carry trade (also known as international prime
rate arbitrage), non-collateralized phony hedge funds, phony derivatives
backed by phonier hedge funds, and Vapor Money backed by Virtual Smoke n'
Mirrors (now it's here, now it's gone, where oh where has the money gone?),
has now produced
(EFFECT)the inevitable stock market crash
and slide into a global recession.

The problem is not the lack of
"liquidity," i.e. the lack of hyper-inflated, non-backed paper money.
The problem is exactly the opposite: too much Funny Money or
"liquidity." In fact, the global economy is swimming in trillions and
trillions of non-backed paper dollars and other hyper-inflated paper
currencies, which the New Speak Econo-Babblers (previously defined as idiots
or crooks) misinterpret or misrepresent as "wealth" or a "strong economy."

Nothing could be further from
the truth. Hyper-inflating the money supply, which causes price
inflation, does not create a "strong economy." By injecting an extra
$326 billion "liquidity" into the already hyper-inflated global economy, $62
billion extra into the U.S. economy by the Federal Reserve, the New Speak Econo-Babblers have simply thrown more fuel onto the out-of-control
wildfire.

The Federal Reserve did not
create a "liquid asset" in the true sense of the word yesterday when it
temporarily bailed out the stock market crash with $62 billion. They
simply tricked the public while creating more hyper-inflated dollars, which
is the same as a de facto devaluation of the unit dollar. This hurts
the poor as prices rise and devalues the savings and fixed income of senior
citizens. The Fed did not save the U.S. market; they actually ensured
a worse crash in the future.

The real problem is that those
who should know better, the editors at the WSJ who think it is the Fed's
function to "manage" a free market (an obvious oxymoron), the Wall Street
pundits and stock brokers who stated that the Fed was doing its job by
injecting billions of new "liquidity" into the market are all living in an
Economic Disneyland that will soon implode worse than Enron on Anabolic
Steroids.

Meanwhile, virtually nobody
talks about President Bush and his central bankers' Plunge Protection Team
as they continually and illegally intervene into both the Comdex and Forex
markets in order to "game" the system and pretend to "solve" the problems
they initially "created" through continual manipulation of our New Speak
monetary unit: the Virtual Dollar.

The solution to yesterday's
global stock market crash is not more of the same hyper-inflated "liquidity"
but rather a return to a sound and stable monetary standard, a gold
standard. -- FM Duck